While I may not agree with 100 % of their conclusions, that likely
reflects true uncertainty around tax law that is fundamentally complex rather than an attempt on either end to help individuals unlawfully avoid taxes.
Not exact matches
And maybe in many applications it is felt more important to have realistic looking posterior PDFs than
uncertainty ranges that accurately
reflect how likely the
true calendar date is to lie within them.
The first is that while these assessments involve significant
uncertainties, they agree that the
true cost of coal is not accurately
reflected in its market price.
This sounds like a prudent practice to account for the
uncertainty of the future state of the market, however, such an assumption may not
reflect the
true path of cap rates over the investment holding period.